Cryptocurrency trading simplified, optimized and automated by experts: this is what HAL offers, a platform delivering several types of trading strategies. Find out what makes HAL unique and what puts it far ahead of traditional trading robots.
Benefit from optimised trading strategies with HAL
Formerly known as Napbots, HAL is a solution aimed at democratizing access to expertly crafted cryptocurrency trading strategies by connecting directly to the largest exchanges.
Now in the hands of CoinShares since its acquisition of Napoleon Group in 2021, HAL is the first tool to offer automated trading strategies designed and refined by experts.
CoinShares has been one of the most prominent cryptocurrency investment firms since its inception in 2014 with billions of dollars in assets under management and with a wide range of tools available to traders. Its acquisition of HAL is therefore a continuation of the events that led to its fame.
HAL allows its users to connect its automated trading tool to FTX, Kraken, Binance or Bitfinex in a few minutes thanks to their API key.
Platforms supported by HAL
The various trading strategies designed by HAL’s cryptocurrency trading experts undergo a rigorous selection process to ensure their viability. Before being approved by HAL’s internal committee, a strategy must be proven over the longest possible period of time against various indicators.
In addition to the technical indicators and the different properties of each cryptocurrency, some of the trading strategies developed by HAL are optimised using artificial intelligence. This translates in particular into the use of deep learning technology, in order to deliver the best possible reactivity to the crypto-currency market.
HAL’s recipe is simple: allow traders of all levels, from beginner to expert, to benefit from a turnkey solution that combines accessibility and time saving to make their investments profitable.
In addition, HAL’s interfaces are available in French, making it easy for newcomers to cryptocurrency trading to navigate and take their first steps.
How HAL’s strategies work
Setting up an investment strategy with HAL couldn’t be easier. After registering in a matter of seconds and with no obligation, all you have to do is link your favourite exchange to HAL’s robots using the API key from your account on the exchange in question.
Although it may sound like a technical term, an API key is the gateway between 2 platforms. In this case, if you choose to link HAL to an FTX account, the API key will ensure a completely secure connection between the two entities. This key is besides provided by the exchange itself.
HAL offers a dashboard with your cryptocurrency portfolio, a FAQ and the different investment strategies available, all available at the click of a button.
HAL dashboard overview
At the time of writing, HAL offers 4 types of strategies: Wise, Pulse, Dynamic and Artificial Inteligence (AI), each with their own specificities, but always with an optimised approach to the market. Here is what they offer:
- Wise: a long term investment strategy that smoothes out asset inflows by taking long positions when an asset is about to rise. On the contrary, the position will be closed if the signals point to a decline in the asset.
- Pulse: these trading bots allow you to benefit from both bullish and bearish market trends. This solution can be relevant in periods of major fluctuations.
- Dynamic: the dynamic strategy is made up of several long and short strategies to optimise exposure to certain assets.
- Artificial Inteligence (AI) Pick: as the name suggests, this strategy is enhanced by certain technologies enabled by artificial intelligence in order to take advantage of market impulses on a daily basis without thinking about it.
Different strategies proposed by HAL and their performance
Let’s note that for maximum transparency and simplicity, HAL allows you to sort the strategies available for each asset according to their performance over a chosen period of time.
How does HAL differ from other trading bots?
Today, an increasing number of exchanges or platforms offer trading bots that can perform certain tasks after being configured by their owner.
However, since these bots need to be configured, the results are still not there or only bring marginal returns.
It is necessary to differentiate with the strategies here offered by HAL, which have been designed by cryptocurrency trading experts to address the volatility unique to the cryptocurrency market, which knows no rest unlike the stock market.
In concrete terms, although HAL users benefit from an automated tool, the platform offers them access to a wide range of strategies established with transparency and whose performance can be checked in real time from the dashboard.
In addition, HAL allows its users to develop their knowledge through the ‘Learn’ section dedicated to both market analysis and trading strategies.
Here you can find articles to help you choose your first trading bot, understand how a trading strategy works and how efficient it is, or simply follow the latest news on the platform.
What is the price of HAL’s services
With HAL, Coinshares has chosen to make its product accessible to the greatest number of people, thanks to a unique pricing: 19.90 € per month. With this subscription, you can reach all the strategies of HAL and that without commitment.
The formula by subscription of HAL is relatively interesting, because whatever the profits which you will generate with the strategies, the tariff remains fixed. There are also no hidden costs if you want to change your strategy or change your asset allocation for example.
Would you like to test HAL’s strategies? You can try the platform for free for a period of 15 days. Note that you don’t need to register a credit card to try HAL, a welcome feature that avoids unpleasant surprises.
Conclusion on HAL’s offer
With its multitude of strategies available (28 at present), HAL will satisfy all trader profiles. Unquestionably, its biggest advantage lies in the efficiency/results ratio allowed thanks to the careful selection of the assets offered and their relative strategies by the HAL teams.
With a subscription formula accessible to all exchanges, HAL tends to become the reference for optimised, simplified and automated cryptocurrency trading by experts. The formula is simple: allow cryptocurrency traders to save time and diversify their strategies while keeping control over their allocations.
In addition, if you are unfamiliar with cryptocurrency trading, the dedicated learning section will provide you with a solid foundation so that you can discover and familiarise yourself with this environment. A help centre is also available to users so that they can get to grips with HAL’s various tools and better understand how the bots work.
Once again, HAL clearly differentiates itself from the trading bots offered by the exchanges thanks to the various rigorous selection processes that the strategies undergo before being made available.
Finally, HAL will soon expand its offer with the introduction of indices, i.e. a single asset that groups together several crypto-currencies and replicates their performance, following the example of the CAC40 for the shares of the largest French companies.
The latter will move in line with all the prices of its underlying assets. The assets thus proposed will undergo a rigorous selection process each month in order to offer the best of them to HAL users.
